#nytoboca

#nytoboca

Miami was hyped as the next Silicon Valley during the pandemic, but the city saw one of the highest rates of domestic out-migration last year of any major city, indicating that it is a hotspot no more.

"Miami deserves this building. It will be a masterpiece, the likes of which have never been seen in Florida or really anywhere," said Eric Trump.

You must be a TalkNats Subscriber to access this content.

Worth Avenue and its surrounding streets have enjoyed an ongoing retail evolution over the years, with new and often bigger boutiques adding to Palm Beach's reputation as a designer enclave. As testament to the continued clout the area wields among global luxury brands, four beloved labels recently opened their doors on "the island," as residents discreetly refer to this town. Here, a look at the new kids on the block, arriving just in time for the season.

Albury Landing is a nine-bedroom estate located just 90 minutes south of Miami. The design-forward compound, available only for full buyouts, is spread across five coastal-chic structures: a four-bedroom main house, three standalone one-bedroom villas, and a two-bedroom residence, which, together, can accommodate up to 18 guests.

With a population of about 200,000 residents, this eastern Florida city is known for its quieter beaches, walkable downtown, and vibrant stores and restaurants. It's also famous for having hundreds of miles of canals that curl in and around the city - a feature that's earned it the nickname "Venice of America." Just like in Italy's Venice, these winding waterways are very much a part of daily life in this Florida city.

The former "Real Housewives of New York City" star Bethenny Frankel built her public persona in the Big Apple, but after moving to Florida in 2025, she says the Sunshine State is the new cultural hub for America's rich and famous. "Miami is the new LA," Frankel, 55, told Business Insider. "In the way that LA was the cool place to be, and aspirational people wanted to be there."

Miami is a hotbed for avant-garde fashion, design, and art, which is why people flock to the tip of the Florida peninsula every year to navigate the crowds at Art Basel and Design Miami. History buffs can explore architecture from the 1920s at the Vizcaya Museum and Gardens, stroll the Deering Estate house museum, or study up on Miami's urban and environmental design at the Coral Gables Museum.

In a housing market defined by high mortgage rates and tight inventory, the very top of the market is still moving-sometimes at jaw-dropping prices.